Outlet Mall plans B500m Udon Thani mall

Outlet Mall Co, a subsidiary of the Pena House Group, will spend 500 million baht to develop a premium factory outlet in Udon Thani this year.

Managing director Pichej Pongpitakmetha said the outlet is being built on a 12-rai plot on the bypass road between Index Living Mall and Home Pro, the hardware and home decoration chains.

The contemporary-style project, Premium Outlet Udon Thani, will open in the third quarter this year with 5,000 square metres of space and 120 tenants offering products such as clothing, shoes, golf equipment and houseware.

''We decided to open our outlet in Udon Thani because it is an important city with 1.6 million inhabitants and is in the country's seventh-largest province in terms of population,'' he said.

Udon Thani is located near Khon Kaen, Sakon Nakhon, Kalasin, Loei, Nong Khai and Nong Bua Lam Phu and attracts 2 million tourists per year.

The average income in Udon Thani is about 45,000 baht per year, with two-third of people mainly employed in industry rather than agriculture.

Mr Pichej expects 2,000 to 2,500 visitors at Premium Outlet Udonthani in weekdays and 6,000 to 7,500 per day at weekends. The company expects the mall to break even in six or seven years. The company also plans a mall in Bang Pa-in, Ayutthaya, from 2011 to 2012.

Outlet Mall's sales last year were 1.8 billion baht, up by about 12% from 2008. Growth beat a normal trend of 8-10% despite the downturn as Thais travelled locally more. Spending per head also rose to between 3,000 and 5,000 baht, up from 2,000 to 3,000 baht earlier.

Pena House Group, the manufacturer and importer of fashion brands, has diversified in the last five years after competition intensified in the textile market.

Outlet Mall currently has factory outlets in Pattaya, Cha-am, Khao Yai, Krabi and Phuket.

Premium Outlet Phuket Announces the First “Phuket Boat Show” for Boat Lovers

Premium Outlet Phuket by Outlet Mall Co., Ltd has conducted a press conference for the first “Phuket Boat Show” for Boat Lovers, which will be held during January 23 – February 7, 2010 , at event space of the outlet mall.

Khun Pinyaluck Mahaariyachaisin, Operation and Marketing Director of Outlet Mall Co.,Ltd said that,

“Outlet Mall Co.,Ltd by Operation and Marketing Department with Mr Boatman has initiated the first “Phuket Boat Show” for Boat Lovers as an effort to boost up the high-end tourism and investment in Phuket that it will become a pleasant city for millionaires from all over the world to buy a residence, and private boat with the best harbor. The event will be held annually in Phuket which is expected to stimulate the tourism industry and investment as well as the investor flow into the city.”

“Such event, received a favorable support from Phuket Tourist Association which is considered as a good starting point for this initiative, gives an opportunity for entrepreneurs of boat companies and related equipment & accessory businesses such as imported boats, ATV cars, rowboats, kayak, canoe, floating docks, as well as property-related businesses such as resorts, home and furniture, grey-market imported cars, to exhibit themselves in the event which would attract both foreign and domestic investors to Phuket as a city with all the development potentials.”

The press conference is held in this occasion to officially promote the event as well as to invite you to attend the 1st Phuket Boat Show for boat lovers during 23 January – 7 February 2010 at the event space of Premium Outlet Phuket in which all the exhibitors are joining together, for the first time, to offer special promotions especially to visitors who make a purchase within the fair.

* For any inquiries and more information, please contact Khun Nattakarn 083-6090323, 02 4346921-8 ext. 378

“Premium Outlet Phuket held a press conference on 6 November to announce its “Love Motor Love Charity”)

Premium Outlet Phuket held a press conference on 6 November to announce its “Love Motor Love Charity” event which will be from 20-26 November at the Gallery Village of Premium Outlet.

There will be more than 40 representatives of car dealers, numerous insurances agencies and more than 20 sponsors in attendance at the motor show.

KhunPinyalak Mahaariyachaisin Operation and Marketing Director of Outlet Mall Co., Ltd. said, “Premium Outlet Phuket combines eastern and western architecture and is located among beautiful scenery. We hope this event 'Love Motor Love Charity' will help the Phuket economy.”

Leading car dealers such as Mercedes Benz, BMW, Volvo, Land Rover, Mini Austin, Hummer, Jaguar have already confirmed their attendance, and will have their latest models on display.

Moreover there will be a fashion show from local celebrities and many performances by Thai superstars. There will be a Miss Motor Charity competition, superstar auctions, as well opportunities to see vintage cars by Benz and Volkswagen.

Khun Pinyalak added, “A percentage of the proceeds and donations will go to the World Vision charity and the raised funds will help the winter victims in the north of Thailand. We hope more than 3,000 people per day join this event.”

Various activities during the event will be from 20-26 November at 5 pm - 11 pm and from 11 am - 10 pm for the exhibitions.